Greater Springfield Credit Union Shared Secured

Greater Springfield Credit Union Shared Secured Review

This is a secured credit card card issued by Greater Springfield Credit Union. If you're wondering whether Greater Springfield Credit Union Shared Secured is the right card for you, read on.

Key Takeaways

• Competitive APRs. Greater Springfield Credit Union Shared Secured has a fixed purchase APR of 13.5%
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of Greater Springfield Credit Union Shared Secured

Greater Springfield Credit Union Shared Secured FAQ

Does Greater Springfield Credit Union Shared Secured have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Greater Springfield Credit Union Shared Secured benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Greater Springfield Credit Union Shared Secured?

Greater Springfield Credit Union Shared Secured has a fixed purchase APR of 13.5%. The card has a fixed balance transfer APR of 15.5% . It also has a fixed cash advance APR of 15.5% . Note that late payments are subject to an APR of 18% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Greater Springfield Credit Union Shared Secured?

The following fees apply:

• There is no overlimit fee

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Greater Springfield Credit Union Shared Secured report your account activity to credit bureaus?

Yes, Greater Springfield Credit Union Shared Secured reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Greater Springfield Credit Union Shared Secured

• Visit the Greater Springfield Credit Union Shared Secured website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.